Tuesday, 27 September 2011

Region. Demand for industrial facilities

Growing demand for quality industrial facilities in key locations has underpinned a range of significant lease commitments in Western Sydney, according CB Richard Ellis. In one of the larger recent deals, Australia’s leading white and brown goods distributor has committed to lease 13,197 square metres of space in Australand’s EC3 speculative development at Eastern Creek. GPT has also capitalised on increased tenant demand after signing automotive and industrial products distributor YHI International to a 6972-square-metre lease at Rosehill Business Park in Camellia.